CM Energy Tech Co., Ltd. — Board/Management Information 2011

Mar 15, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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TSC Offshore Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 206)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The Board announces that Mr. Yu Yuqun has been appointed as a non-executive director of the Company with effect from 15 March 2011.

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of TSC Offshore Group Limited (the “ Company ”) announces that Mr. Yu Yuqun (“ Mr. Yu ”) has been appointed as a non-executive director of the Company with effect from 15 March 2011.

Mr. Yu, aged 45, obtained a bachelor’s degree and a master’s degree in Economics, both from the Peking University. Mr. Yu worked in the State Bureau of Commodity Price of the People’s Republic of China before joining China International Marine Containers (Group) Limited (“ CIMC ”) in 1992. He is currently the secretary to the board of directors of CIMC, responsible for investor relations and financing management. He is the director of CIMC Enric Holdings Limited, whose shares are listed on The Stock Exchange of Hong Kong Limited (stock code: 3899) and CIMC Raffles Offshore (Singapore) Limited.

Mr. Yu will enter into a service contract with the Company for a term of 3 years. Mr. Yu’s term of office is subject to retirement by rotation and re-election in accordance with the articles of association of the Company.

Mr. Yu is entitled to receive a fixed emolument of HK$10,000.00 per month. The emoluments of Mr. Yu have been approved and are subject to review by the Remuneration Committee annually with reference to prevailing market conditions and to his duties and responsibilities with our Company.

Save as disclosed above, Mr. Yu (i) has not held any directorships in any other listed companies in the last three years; (ii) does not have any relationships with any directors, senior management or substantial or controlling shareholders (as defined in the Rules

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Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”)) of the Company; (iii) does not have or is not deemed to have any interests in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; and (iv) there is no information required to be disclosed in relation to him pursuant to any of the requirements under the provisions of Rules 13.51(2)(h) to 13.51(2)(w) of the Listing Rules.

The Board would like to extend its welcome to Mr. Yu on his appointment.

By order of the Board TSC Offshore Group Limited Jiang Binghua Executive Chairman

Hong Kong, 15 March 2011

As of the date of this announcement, the Board comprises 2 executive Directors, namely Mr. Jiang Bing Hua and Mr. Zhang Menggui; 3 non-executive Directors, namely Mr. Jiang Longsheng, Mr. Brian Chang and Mr. Yu Yuqun; and 4 independent non-executive Directors, namely Mr. Chan Ngai Sang, Kenny, Mr. Bian Junjiang, Mr. Guan Zhichuan and Mr. Robert William Fogal Jr.

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